Baggage. On the Closing Date representatives of Purchaser and Seller shall take an inventory of all baggage, valises and trunks checked or left in the care of Seller at the Property. From and after the Closing Date, Purchaser shall be responsible for all baggage listed in said inventory and Purchaser hereby indemnifies and agrees to hold Seller harmless from any liability therefor. Seller shall remain liable for any negligence or malfeasance with respect to such baggage which occurred prior to the Closing Date as well as for claimed omissions from said inventory, and hereby indemnifies and agrees to hold Purchaser harmless from any liability therefor.
Appears in 4 contracts
Samples: Agreement for Sale and Purchase of Hotel (Strategic Hotel Capital Inc), Purchase and Sale Agreement (Hersha Hospitality Trust), Purchase and Sale Agreement (Hersha Hospitality Trust)
Baggage. On the Closing Date representatives of Purchaser and Seller shall take an inventory of all baggage, valises and trunks checked or left in the care of Seller at the Property. From and after the Closing Date, Purchaser shall be responsible for all baggage listed in said inventory and Purchaser hereby indemnifies and agrees to hold Seller harmless from any liability therefortherefore. Seller shall remain liable for any negligence or malfeasance with respect to such baggage which occurred prior to the Closing Date as well as for claimed omissions from said inventory, and hereby indemnifies and agrees to hold Purchaser harmless from any liability therefor.
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Hotel (Strategic Hotel Capital Inc)
Baggage. On the Closing Date Date, representatives of Purchaser and Seller Sellers shall take an inventory of all baggage, valises and trunks checked or left in the care of Seller Sellers at the PropertyPortfolio. From and after the Closing Date, Purchaser shall be responsible for all baggage listed in said inventory and Purchaser hereby indemnifies and agrees to hold Seller Sellers harmless from any liability therefor. Seller Sellers shall remain liable for any negligence or malfeasance with respect to such baggage which occurred prior to the Closing Date as well as for claimed omissions from said inventory, and hereby indemnifies indemnify and agrees agree to hold Purchaser harmless from any liability therefor.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Hersha Hospitality Trust)